Payment Initiation Services

Contract summary

Industry

• Financial and insurance services - 66000000

• Banking and investment services - 66100000

• Banking services - 66110000

Show additional CPV codes for this notice

• Central bank services - 66111000

• Deposit services - 66112000

• Credit granting services - 66113000

• Micro-credit granting services - 66113100

• Financial leasing services - 66114000

• International payment transfer services - 66115000

• Investment banking services and related services - 66120000

• Mergers and acquisition services - 66121000

• Corporate finance and venture capital services - 66122000

• Brokerage and related securities and commodities services - 66130000

• Security brokerage services - 66131000

• Pension investment services - 66131100

• Commodity brokerage services - 66132000

• Processing and clearing services - 66133000

• Portfolio management services - 66140000

• Pension fund management services - 66141000

• Financial markets administration services - 66150000

• Financial market operational services - 66151000

• Electronic marketplace retailing services - 66151100

• Financial market regulatory services - 66152000

• Trust and custody services - 66160000

• Trust services - 66161000

• Custody services - 66162000

• Financial consultancy, financial transaction processing and clearing-house services - 66170000

• Financial consultancy services - 66171000

• Financial transaction processing and clearing-house services - 66172000

• Foreign exchange services - 66180000

• Loan brokerage services - 66190000

• Insurance and pension services - 66500000

• Insurance services - 66510000

• Life insurance services - 66511000

• Accident and health insurance services - 66512000

• Accident insurance services - 66512100

• Health insurance services - 66512200

• Voluntary health insurance services - 66512210

• Medical insurance services - 66512220

• Legal insurance and all-risk insurance services - 66513000

• Legal expenses insurance services - 66513100

• Contractor's all-risk insurance services - 66513200

• Freight insurance and Insurance services relating to transport - 66514000

• Insurance related to Transport - 66514100

• Motor vehicle insurance services - 66514110

• Marine, aviation and other transport insurance services - 66514120

• Railway insurance services - 66514130

• Aircraft insurance services - 66514140

• Vessel insurance services - 66514150

• Freight insurance services - 66514200

• Damage or loss insurance services - 66515000

• Fire insurance services - 66515100

• Property insurance services - 66515200

• Weather and financial loss insurance services - 66515300

• Weather-related insurance services - 66515400

• Financial loss insurance services - 66515410

• Pecuniary loss insurance services - 66515411

• Liability insurance services - 66516000

• Motor vehicle liability insurance services - 66516100

• Aircraft liability insurance services - 66516200

• Vessel liability insurance services - 66516300

• General liability insurance services - 66516400

• Professional liability insurance services - 66516500

• Credit and surety insurance services - 66517000

• Credit insurance services - 66517100

• Surety insurance services - 66517200

• Risk management insurance services - 66517300

• Insurance brokerage and agency services - 66518000

• Insurance brokerage services - 66518100

• Insurance agency services - 66518200

• Insurance claims adjustment services - 66518300

• Engineering, auxiliary, average, loss, actuarial and salvage insurance services - 66519000

• Oil or gas platforms insurance services - 66519100

• Engineering insurance services - 66519200

• Auxiliary insurance services - 66519300

• Insurance consultancy services - 66519310

• Average adjustment services - 66519400

• Loss adjustment services - 66519500

• Actuarial services - 66519600

• Salvage administration services - 66519700

• Pension services - 66520000

• Individual pension services - 66521000

• Group pension services - 66522000

• Pension fund consultancy services - 66523000

• Pension fund administration services - 66523100

• Treasury services - 66600000

• Reinsurance services - 66700000

• Life reinsurance services - 66710000

• Accident and health reinsurance services - 66720000

Location of contract

SW1P 3BT

Value of contract

£250,000

Procurement reference

24-S-12-152

Published date

2 September 2024

Closing date

13 August 2024

Closing time

12pm

Contract start date

30 August 2024

Contract end date

29 August 2025

Contract type

Service contract

Procedure type

Single tender action (below threshold)

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

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Description

NS&I has a requirement for the provision and maintenance of Payment Initiation Services in order to allow NS&I's customers to pay NS&I by bank transfer using a secure, simple and efficient process.

Contract awarded for a period of 12 months, with an optional 12 month extension option.

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More information

Links

• https://app.panacea-software.com/nsandi/
• Tender notice
• ⭐ Click above to Apply (link to e-procurement portal)

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Award information

Awarded date

14 August 2024

Contract start date

30 August 2024

Contract end date

29 August 2025

Total value of contract

£0

This contract was awarded to 1 supplier.

Ecospend Technologies Ltd

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About the buyer

Address

Sanctuary Buildings
20 Great Smith Street
London
SW1P 3BT
England

Email

Malcolm.Edwards@nsandi.com